Rebirth of America, this is my time

“So, General Tire really cheated on its finances?”

Ethan could smell it.

Financial fraud is a very serious crime in America.

Once confirmed, the company may be delisted with a fine or go bankrupt.

The representative of the former is the well-known Luckin Coffee.

They cut Wall Street's leeks by fictitious transactions and exaggerated income, which made those financial capital furious. Eventually, the stock price plummeted and it was delisted from Nasdaq.

The representative of the latter is Enron.

After the financial fraud was exposed, they collapsed almost overnight.

However, when Enron went bankrupt, the headless accounts related to it were also swept into the garbage heap of history with a broom, allowing many big figures to gain innocence, which can be regarded as a well-deserved death.

Of course, regardless of whether it is Enron or Luckin, it has nothing to do with Ethan at the moment.

After the term financial fraud appeared, Ethan immediately understood why Universal was able to defeat RKO in his previous life. When General Tire was targeted by the Federal Securities and Exchange Commission and the Federal Communications Commission at the same time, the trouble they faced was That was really bigger than the robbery at Universal.

And his inquiry made Roy Disney smile.

Oh Ethan—

I'm not General Tire, so I can't answer your question.

The cunning words made Ethan snort, Then what do you know?

Roy, if you don't know anything, then we can't continue talking.

Oh Ethan, you are always so ruthless - Roy spread his hands as if regretful, but the next second he said: Don't worry, I will tell you everything I know.

For example, when the Federal Securities and Exchange Commission officially launched an investigation into General Tire's illegal activities, General Tire did something very powerful...

They just concealed this investigation.

What the fuck??? Ethan was confused.

His eyes widened and he couldn't believe his ears.

Roy! What did you say? he asked loudly: General Tire concealed the Federal Securities and Exchange Commission's investigation of itself? Oh! My! God! How can such a thing be concealed?

Seemingly feeling that his words were somewhat ambiguous, Ethan quickly changed his words: Are General Tire executives all idiots? How could such a thing be concealed when a federal agency intervened in the investigation? Moreover, how could they conceal such a thing? Huh? Not releasing any news to the public? Or not making any response to the public? But no matter which way it is, the public or the market will know that they are under investigation at this time! Because the Federal Securities and Exchange Commission is going to investigate this kind of The investigation issued a public report!”

At this moment, Ethan suddenly felt that it might not be the world that was wrong, but himself.

Because the information Roy Disney gave was really outrageous!

Although in real life, no matter which company is targeted by the Federal Securities and Exchange Commission, it will do everything possible to release good news to stabilize investor sentiment and prevent the company's stock price from falling too ugly. There are basically only three types of operations related to it -

Either actively cooperate with the investigation, present an upright and upright attitude in front of the public, and enhance the public's confidence with an attitude that gold is not afraid of fire;

Either actively present the latest financial report and use high-level data to meet market expectations;

Or they will madly attack their competitors, cover up their weaknesses by exposing each other, and change the reason for investigation from their own illegality to the opponent's attack.

Even in actual operation, these three methods have limited results. After all, Wall Street investors are not fools and cannot easily believe the words of a suspected company, but...

Even the famous real estate developer from New York is here! It’s impossible for him to show it by beating his chest! The Federal Securities and Exchange Commission’s investigation of itself is fake news!

Because this kind of thing cannot be concealed!

Because this kind of behavior is simply insulting the public’s intelligence!

Ethan's surprise made Roy Disney look helpless and said: Ethan, you may think I'm lying, but I want to tell you that when I learned about this, my reaction was the same as yours. .”

My first thought was that the information was wrong.

My second thought is that the executives at General Tire are idiots.

And my third thought...

You need to work hard to control your emotions and listen to what the reporter has to say.

And after they told all the causes and consequences of the incident, I understood why General Tire did such an incredible behavior.

Because they want to keep their communications license.

That’s right, the concealed investigation that Roy Disney said was not referring to General Tire concealing the SEC’s investigation of itself from the public and investors, but General Tire concealing the SEC’s investigation of itself from the Federal Communications Commission. investigation.

This thing sounds a bit awkward, but it is actually even more complicated to operate.

And what happened is this--

Since the Federal Securities and Exchange Commission's investigation into General Tire's financial fraud case revolves around RKO, and the Federal Communications Commission is the competent authority of RKO, when the investigation arises, RKO is obliged and must complete the investigation process. and reporting the findings to the Federal Communications Commission.

However, because the communication licenses of many TV stations under RKO are about to expire and need to be renewed, and from the very beginning, the Federal Communications Commission has discovered RKO's reciprocal trading agreement and has long issued a rectification letter requiring rectification. RKO not only Instead of making corrections, they made the false financial reports bigger and bigger, so they simply did not dare to report the findings of the Federal Securities and Exchange Commission's investigation to the Federal Communications Commission.

In order to make the Federal Communications Commission feel that RKO had already made rectifications, and to allow the FCC to continue to issue licenses to RKO TV stations, RKO, or their parent company General Tire, did something extraordinary. The Niubi incident attracted a bunch of retired former executives to join the lawsuit, allowing them to take the blame and voluntarily plead guilty in the trial on July 1, 2077.

On that day, the former executives of General Tire confessed in court a series of shocking illegal behaviors they had committed. Those behaviors completely explained what the world is like black as a crow, and what kind of reciprocal transaction agreement? What kind of financial fraud? That's nothing!

What they really did was establish a secret fund and blatantly bribe federal officials, beep beep beep beep...

Yes, during the recess, the Securities and Exchange Commission took the initiative to silence some of General Tire's accusations, because if those bad things were made public, someone would be shot in the back and commit suicide.

When things like this involve the congressmen at the top, officials at the bottom, the Ministry of Justice on the left and the IRS on the right...

General Tire was acquitted.

The reason is very simple.

When former General Tire executives came forward and said they were diverting company resources for their own personal gain, these were their personal actions.

Since it is an individual behavior, how can it rise to a collective level?

They are all institutions that enforce the law impartially, and it is impossible for them to engage in such incidents.

Therefore, General Tire is also a victim.

At the same time, it’s good for them to face up to their mistakes!

The characterization of the Federal Securities and Exchange Commission allowed General Tire to pat its chest and assure the Federal Communications Commission that their subsidiary RKO had indeed made rectifications in place. With the promise made, they actually concealed it from the Federal Communications Commission in disguise. The truth.

Just when everyone thought that General Tire, with its powerful hands and eyes, had concealed the truth, RKO's success made other capital unable to sit still. The three major players, CBS, ABC, and NBC, who wanted to overthrow them, all stood up and hoped that the Federal Communications Commission would review RKO's reciprocal transaction agreement case.

When many capitals took off their pants and refused to pretend, the Federal Communications Commission, which accepted the case, finally had no choice. On the left, there was the excitement of the industry giants, and on the right, the encouragement and insistence of the military-industrial complex. In the case of a fight between gods, the Federal Communications Commission After scratching his bald head, he finally slapped RKO with a not-so-serious label, saying that RKO lacked candor in its business operations. As a punishment, the Federal Communications Commission decided to deprive RKO of communications in the Los Angeles and San Francisco areas. license……

Normally, when the FCC has gone easy on things, that's the end of the story.

but……

General Tire is not convinced.

They feel like they have spent their money and found someone, but lost their license plate?

Is there anyone else in the world who does things like this?

ABC, NBC, and CBS are also not convinced.

They think the FCC’s punishment is too light!

Then……

The Federal Communications Commission isn't doing it either.

If you have a conflict with someone with a special code, you will have a real fight with each other.

When this situation emerged, General Tire, knowing that things could not be resolved, appealed to the District of Columbia Circuit Court of Appeals. But now, things are stuck at this step.

If General Tire wins the lawsuit, it will regain its TV license.

If General Tire loses the lawsuit, then they have only one last option to go...

That would be an appeal to the Supreme Court.

When the lawsuit reaches this point, it is extremely dangerous. The justices of the Supreme Court are very free to follow their words. Their will can influence the laws of the United States and determine the life or death of General Tire.

So, General Tire currently doesn't actually have much time and energy to deal with Universal Pictures, and this is the reason why RKO lost to Universal before.

Roy Disney's words made Ethan relax his eyebrows.

If General Tire itself is stuck in the quagmire, then it is normal that it cannot defeat Universal Tire.

When General Tire was in its heyday, Universal Pictures might not be able to withstand his fierce attacks, but when the capital tycoons in the entire communications industry are gone, as pork on the chopping board, it is good that they have the energy to deal with Universal. Well, as for winning or losing?

At this time, who can guarantee that he will win?

Roy, I have one more question.

you say.

Why do you still want to cooperate with General Tire when it is so weak that it is difficult to deal with Universal Tire? Or do you think that after cooperating with General Tire, you can kick Ron Miller out of the company?

Oh - Ethan - your question is very interesting. Roy Disney raised his eyebrows and said: Although General Tire is in trouble and has a lot of sores on its body, in the case of King Kong copyright, They still take the initiative.

Universal can create movies based on the King Kong novel that was released in 1933, but they cannot create movie theaters or games based on the content of the novel.

These two products involve the application of the image of King Kong, and once they are related to the movie image, they will definitely infringe because the copyright in this area is still in the hands of RKO and has not expired.

So, with RKO in no mood to respond and General Tire unable to exert its efforts, as long as they file a lawsuit normally, the probability of winning will be very high.

But we can't get rid of those two factors, can we? Ethan understood what Roy Disney meant. So, what do we have to give? What do we get?

Nothing is free in this world.

Since General Tire cannot directly defeat Global Tire, they cannot sit back and enjoy the gains.

His inquiry caused Roy Disney to fall into a brief silence. After a moment, he said: The needs of General Tire and Paramount are simple, that is, they hope that I can provide Ron Miller with the knowledge that Universal does not have King Kong. Evidence of copyright…”

To put it simply, they want me to find a way to prove that Ron Miller still reached a cooperation agreement with Universal even though he knew Universal's infringement.

As for why they ask for it...

That is actually related to the fact that we at Disney lobbied Congress a few years ago to amend the copyright protection law.

As long as we at Disney can express that Universal's King Kong studio project and game projects will involve the use of RKO's King Kong movie image, because as long as we mention King Kong to the public, then people will think of RKO in 1933. The orangutan image created at the time, or the Paramount movie released a few years ago, as long as we can equate King Kong with these two products, Paramount and General Tire will be confident of winning the lawsuit.

Ethan understood.

Paramount and General Tire hope that Roy Disney can come up with a Disney equation similar to Mickey equaling Steamboat Willie. As long as this connection can be established, Universal will inevitably infringe.

After all, words are always abstract, and they cannot create an accurate three-dimensional image for people. In this case, if you want to get the IP of King Kong, you want to make the paying public recognize King Kong at a glance through visual effects. , then Universal must plagiarize.

But the problem is——

You can do this alone, right?

Ethan stared at Roy Disney and said, So, what do they need me to do?

Now that Roy Disney has come to Palo Alto, it proves that Paramount and General Tire need his help from Ethan Jones, and when Paramount is fine for the time being and General Tire is in trouble, Ethan Jones Sen uses the bottom of his feet to figure it out, and General Tire may want to grab his thigh.

Yes.

That's what Ethan thought.

This is not because he is crazy.

But now he feels that he has the potential to be a thigh.

Since General Tire wants to embrace his thigh, the things they seek must be big.

So, let me guess, General Tire's claims have something to do with the makeup of the D.C. Circuit Court of Appeals, right?

Ethan looked at Roy Disney with a smile and said: Now, how many judges are there in the Court of Appeals for the District of Columbia? How many are conservatives? How many are liberals?

“Do they want me to go to Barbara Babcock, or do they want me to go to the former governor of California who has announced his candidacy?”

Huh? (End of chapter)